Aviation Week said German Chancellor Angela Merkel had the biggest impact on aerospace in 2012 by blocking a $45B merger of EADS and BAE.
US Airways in November submitted a formal proposal to merge with American Airlines, WSJ reported Friday.
The Dublin-based low-fare airline said that it planned to offer $1.65 (€1.30) per share for control of Ireland’s flag carrier, which would represent a 39 percent premium over Tuesday’s closing price of Aer Lingus shares on the Irish Stock Exchange.
US Airways may ask federal regulators to examine the antitrust hurdles of a bid for bankrupt American Airlines as soon as July in an effort to relieve uncertainty among creditors, according to a Reuters report.
British Airways and Iberia formally combine their businesses, an engine explodes and falls off of a BOAC Boeing 707 near Heathrow, a South African de Havilland Comet crashes in the Mediterranean, and more…
A merger between American Airlines and US Airways could be all but a done deal, based on some recent web domain name purchases.
The US Dept. of Justice approves the Delta/Northwest merger, John Glenn becomes the oldest man to enter space, a plane carrying the California Polytechnic State University football team crashes, and more…
The United States Dept. of Justice on Friday announced that Google must fulfill some requirements in order to proceed with its proposed acquisition of ITA Software in order to protect competitiveness in airfare systems.